iManage

Active Private limited companyfounded 2019active for 7 yearsTongersveldstraat 14, 3700 Tongeren-BorgloonKBO/BCE: BE 0735.669.081

iManage

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Overview

Lifetime

6 annual accounts with figures on one time axis

Compare with

peak €79,506 (2021)

€68,397▲ 15.4%

lowest -€28,651 (2022)

€4,642▲ €6,167

peak €66,429 (2021)

€31,263▲ 17.4%

€1.1m▼ 9.2%

Board1 name since 2019

1 directorCleuren Kristof

Documentsfilings and deeds

01-04-202629 days before the deadline

2025abbreviated format

Gross margin from €59,250 to €68,397Back to profit: €4,642Equity from €26,621 to €31,263Cash from €43,807 to €4,323

Key points

from the 2025 annual accounts

Equity

€31,263 from €66,429 in 2021

Equity fell by 53% in 4 years.

Debts

€1.1m 97% of the balance sheet

Financial debts 63%Suppliers 1%Taxes and wages 2%Other 34%

Of this, €334,915 falls due within a year.

Filings

6 annual accounts 3 late

The 2024 accounts came latest: 336 days after the end of the period.

Checked score

Healthy

Financially stronger than 35% of micro companies in advertising and market research (NACE 73)

Probability in this band: 0.55% to 1.5%

Bankruptcy probability within 12 months 0.6% Low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.4%▲ +0.1 percentage points vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.3 percentage points vs 04-2025 06-2025: 1.0%▲ +0.2 percentage points vs 05-2025 07-2025: 1.8%▲ +0.8 percentage points vs 06-2025 08-2025: 2.0%▲ +0.2 percentage points vs 07-2025 09-2025: 2.1%▲ +0.1 percentage points vs 08-2025 10-2025: 2.8%▲ +0.7 percentage points vs 09-2025 11-2025: 2.8%● unchanged vs 10-2025 12-2025: 2.9%▲ +0.1 percentage points vs 11-2025highest value 01-2026: 2.6%▼ -0.3 percentage points vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.6%● unchanged vs 03-2026 05-2026: 0.5%▼ -2.1 percentage points vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026

Financial strength

Average

28+1equity 2.8% of total assets

38-3short-term debt 29.7% · cash 0.4%

62+10return on assets 0.4%

Score breakdown

raises risk

Liquidity: current ratio 0.55, cash €4,323, halved

Equity €31,263 (2.8% of total assets)

lowers risk

Size: total assets €1.1m

Sector: Advertising, market research and public relations activities (NACE 73)

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 15% of them on solvency, 22% on liquidity, 34% on profitability and 68% on growth.

The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,603 companies had the same profile as iManage has now. Each dot stands for 5 companies, two years later.

96.0%

were still trading

1.8%

stopped another way

1.9%

went bankrupt

Small
5 to 10 years old
solvency under 10%
a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of iManage itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,603 companies, not a prediction for iManage. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €2,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.55 (0.63 in 2024), below 1. Short-term debt is 29.7% and cash 0.4% of total assets. 97.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.

lowers riskraises riskneutral

Size: total assets €1.1m

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Liquidity: current ratio 0.55, cash €4,323, halved

NBB · annual accounts

Sector: Advertising, market research and public relations activities (NACE 73)

KBO

Equity €31,263 (2.8% of total assets)

NBB · annual accounts

Weak solvency compared with the sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2089 sector peers (2025).

NBB · sector comparison

Position among 2089 sector peers

Solvency

better than 16%

← weakest strongest →

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

202122232425

2020 to 2025 · latest year €31,263

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

29 days early

2024

336 days late

2023

1 day early

2022

2 days late

2021

2 days late

2020

9 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 50 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 2 May (4 of the last 5 accounts filed within 31 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end08-11-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

Cleuren Kristof

Director, since 03-10-2019

Board & ownership

Recent changes

09-02-2024

Registered in the Peppol Directory Reachable for e-invoices through 0208:0735669081

05-10-2021

Registered office moved within Tongeren New registered office: Tongersveldstraat 14, 3700 Tongeren · Previous registered office: Kielenstraat 8, 3700 Tongeren · Gazette deed

03-10-2019

Incorporation published on 07-10-2019 · Gazette deed

03-10-2019

First establishment Kielenstraat 8, Tongeren-Borgloon

All 12 events

Comparable companies

same main activity, similar in size and age

Company
iManage Tongeren-Borgloon	€1.1m	€68,397	2.8%	-
K-CURO Hasselt	€1.1m	€75,434	43.4%	-
KL Invest Tongeren-Borgloon	€1.1m	€53,235	70.7%	-
Barbary Ostend	€1.3m	€66,930	44.4%	0
PSEM Consulting Woluwe-Saint-Pierre	€0.9m	€65,656	19.8%	-
YES+SI Tervuren	€1.0m	€68,671	22.1%	-
JBX Consult Landen	€1.2m	€49,722	69.0%	-

These companies have the same main activity as iManage: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €876,000 and €1.3m, founded between 2017 and 2020.

Official details

Source: KBO

Status: Active since 03-10-2019Normal situation
Activity: Public relations and communication consultancyNACE 73300and 2 others
Establishment unit: 2.295.418.8863700 Tongeren-Borgloon, since 03-10-2019
Financial year end: 30 September
Peppol: Reachable since 09-02-2024

Company details

Annual accounts to 30-09-2025

: €68,397▲ 15.4%
: ≈ €170,000estimated
: €4,642
: €31,263▲ 17.4%
: €1.1m▼ 8.7%
Filing: Filed on 01-04-2026, 29 days before the end of the filing period

Financials

Insights on iManage

iManage files the abbreviated format. That format states no turnover. The gross margin fell from €72,335 in 2020 to €68,397 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 01-04-2026, 29 days before the deadline

€68,397

▲ 15.4%

€22,936

▲ 10.9%

€4,642

▲ €6,167

-€149,723

▼ €1,538

2.8%

▲ 0.6 percentage points

0.55

▼ 0.07

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €170,000. Estimated: probably between €130,000 and €250,000.

Balance sheet

balance sheet total €1.1m on 30-09-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

2.8%

Higher than 16% of 2,089 companies in 2025.

0.55

Higher than 17% of 2,006 companies in 2025.

0.4%

Higher than 32% of 2,049 companies in 2025.

iManage Middle half of the sector 80% of the sector Abbreviated accounts in advertising and market research (NACE 73)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020
Balance sheet: assets
`20/58`	1.1m	1.2m	1.2m	1.1m	1.0m	993,685
`21/28`	941,361	985,432	964,953	959,411	981,356	960,030
`22/27`	941,361	985,432	964,953	959,411	981,356	960,030
`22`	892,555	923,875	955,196	953,562	915,566	959,474
`24`	48,806	61,557	9,757	5,850	4,932	555
`27`	-	-	-	-	60,857	-
`29/58`	185,192	247,802	277,071	99,854	45,261	33,655
`40/41`	180,026	199,173	263,625	84,191	33,935	18,150
`40`	22,326	21,780	78,485	84,051	33,935	18,150
`41`	157,700	177,393	185,140	140	-	-
`54/58`	4,323	43,807	8,844	11,007	8,758	13,321
`490/1`	843	4,822	4,603	4,657	2,568	2,184
Balance sheet: equity and liabilities
`10/49`	1.1m	1.2m	1.2m	1.1m	1.0m	993,685
`10/15`	31,263	26,621	28,146	37,778	66,429	52,204
`10/11`	3,000	3,000	3,000	3,000	3,000	3,000
`13`	28,263	23,621	25,146	34,778	49,204	49,204
`133`	28,263	23,621	25,146	34,778	49,204	49,204
`14`	-	-	-	-	14,226	-
`17/49`	1.1m	1.2m	1.2m	1.0m	960,188	941,481
`17`	760,375	810,626	815,949	853,015	896,340	871,536
`170/4`	686,575	736,826	742,149	779,215	819,040	858,236
`178/9`	73,800	73,800	73,800	73,800	77,300	13,300
`42/48`	334,915	395,987	394,834	165,394	63,848	69,946
`42`	49,794	49,252	40,409	43,115	39,196	38,577
`44`	9,292	54,887	70,211	73,836	9,624	1,667
`440/4`	9,292	54,887	70,211	73,836	9,624	1,667
`45`	27,096	20,266	9,054	17,797	13,552	28,302
`450/3`	27,096	20,266	9,054	14,297	10,052	24,802
`454/9`	-	-	-	3,500	3,500	3,500
`47/48`	248,733	271,582	275,160	30,646	1,476	1,399
`492/3`	-	-	3,096	3,079	-	-
Income statement
`9900`	68,397	59,250	38,333	16,007	79,506	72,335
`630`	44,071	34,823	31,089	29,759	45,024	1,997
`631/4`	-	-	-	-	-	2,098
`640/8`	1,389	3,736	3,513	2,796	2,125	647
`9901`	22,936	20,691	3,732	-16,548	32,357	67,593
`75/76B`	1,496	70	18	29	-	0
`75`	1,496	70	18	29	-	0
`65/66B`	12,963	13,860	13,128	12,544	14,132	2,856
`65`	12,963	13,860	13,128	12,544	14,132	2,856
`9903`	11,469	6,901	-9,378	-29,063	18,226	64,736
`67/77`	6,827	8,426	254	-412	4,000	15,533
`9904`	4,642	-1,525	-9,632	-28,651	14,226	49,204
`9905`	4,642	-1,525	-9,632	-28,651	14,226	49,204
Appropriation of the result
`9906`	4,642	-1,525	-9,632	-14,426	14,226	49,204
`14P`	-	-	-	14,226	-	-
`791/2`	-	1,525	9,632	14,426	-	-
`691/2`	4,642	-	-	-	-	49,204
`6920`	4,642	-	-	-	-	-
`6921`	-	-	-	-	-	49,204
Document	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 01-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-09-2025	abbreviated format	01-04-2026	2026-00070270	PDF
30-09-2024	abbreviated format	01-04-2026	2026-00070269	PDF
30-09-2023	abbreviated format	29-04-2024	2024-00071647	PDF
30-09-2022	abbreviated format	02-05-2023	2023-00084300	PDF
30-09-2021	abbreviated format	02-05-2022	2022-20015894	PDF
30-09-2020	micro format	21-04-2021	2021-11500057	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020
67,008	55,514	34,821	13,210	77,382	69,590
48,714	33,298	21,457	1,107	59,250	51,201
0	55,302	36,631	68,671	66,351	964,125
-39,484	34,963	-2,163	2,249	-4,562	-
-149,723	-148,185	-117,762	-65,540	-18,587	-36,291
2.8%	2.2%	2.3%	3.6%	6.5%	5.3%
0.55	0.63	0.70	0.60	0.71	0.48
35.03	45.33	43.13	27.04	14.45	18.03
14.8%	-5.7%	-34.2%	-75.8%	21.4%	94.3%
0.4%	-0.1%	-0.8%	-2.7%	1.4%	5.0%
5.17	4.01	2.65	1.05	5.48	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	30-09-2021
Tangible fixed assets	-	€55,302	€36,631	€68,671	€66,351
	€44,071	€34,823	€31,089	€29,759	€45,024

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on iManage

The operating result for 2025 is 11% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.

Debt's share of the balance-sheet total falls from 97.8% to 97.2%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2021

Cleuren Kristof

Director

since 03-10-2019

listed in the 2025 annual accounts, filed on 01-04-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Cleuren Kristof
Director

Board

Mandates as a list

Cleuren Kristof
- Director, from 03-10-2019 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €3,000
Source: 2025 annual accounts

Network & group

No group

iManage has no parent and no holdings in its annual accounts. Cleuren Kristof is the only director.

Board mandates elsewhere

2 board mandates

Board mandates of iManageiManage sits on their board2

ACE JTC ELECTRONICS

Director

Founded in 1996 · 49 FTE (2025) · negative equity

Ace Electronics

Director

No longer active · 40 FTE (2024)

Connections & network

1 current director

Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet

Timeline

12 events since 2019

Filings

Financial

Establishments

Address

2020202220242026

Deadline for the 2026 accounts: 30-04-2027

2026

01-04-2026

Annual accounts 2024 filed PDFabbreviated format · 336 days late

01-04-2026

Annual accounts 2025 filed PDFabbreviated format · 29 days before the deadline

2025

30-09-2025

Back to profit net €4,642 The net result is €4,642, after 3 loss-making years.

2024

29-04-2024

Annual accounts 2023 filed PDFabbreviated format · 1 day before the deadline

09-02-2024

Registered in the Peppol Directory Reachable for e-invoices through 0208:0735669081

2023

02-05-2023

Annual accounts 2022 filed PDFabbreviated format · 2 days late

2022

30-09-2022

Weakest financial year net -€28,651 The net result drops to -€28,651, the lowest from 2020 to 2025. It recovers the following year.

02-05-2022

Annual accounts 2021 filed PDFabbreviated format · 2 days late

2021

05-10-2021

Registered office moved within TongerenNew registered office: Tongersveldstraat 14, 3700 Tongeren · Previous registered office: Kielenstraat 8, 3700 Tongeren1 point ▸

Registered-office move, Tongersveldstraat 14, 3700 Tongeren

Open the deed in the Belgian Official Gazette

21-04-2021

Annual accounts 2020 filed PDFmicro format · 9 days before the deadline

2019

03-10-2019

Incorporation PDFpublished on 07-10-2019

03-10-2019

First establishment Kielenstraat 8, Tongeren-Borgloon

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

IManage was incorporated on 3 October 2019 as a private limited company.¹ The registered office was moved to Tongeren in 2021.² Total assets rose from €993,685 in 2020 to €1.1m in 2025.³

Company details

Identity

Enterprise number: 0735.669.081
VAT number: BE 0735.669.081
Peppol ID: 0208:0735669081
Other Peppol ID: 9925:BE0735669081
Legal form: Private limited company
Status: Active, normal situation
Founded: 03-10-2019
Financial year: ends on 30 September
Peppol: Reachable since 09-02-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: iManage in Dutch
Entity type: Legal entity

Activities

NACEBEL 2025

73300 Public relations and communication consultancy main activity

62200 Computer consultancy and computer facilities management

70200 Business and other management consultancy

Codes under NACEBEL 2008

70210 Activities of head offices; management consultancy activities main activity

62020 IT consultancy

70220 Business consulting

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Tongersveldstraat 14 registered office 3700 Tongeren-Borgloon
Kielenstraat 8 3700 Tongeren-Borgloon	03-10-2019	2.295.418.886

Buildings and parcels at the addresses

Ground area: 1,745 m²
Buildings: 383 m²
Volume, LiDAR: 2,239 m³
Tallest building: 11.7 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
73083D0179/00T000	1,492 m²	1 · 264 m²	7.0 m · 2
73083C0990/00L000	253 m²	1 · 119 m²	11.7 m · 2

Overview

Lifetime

Key points

Equity

Debts

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts to 30-09-2025

Insights on iManage

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency2.8%

Current ratio0.55

Return on assets0.4%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on iManage

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

No group

Board mandates elsewhere

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the addresses

Location

Parcels

in euro

in euro

2.8%

0.55

0.4%